NewEdge Wealth LLC Grows Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

NewEdge Wealth LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 201.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 12,030 shares of the exchange traded fund’s stock after acquiring an additional 8,035 shares during the quarter. NewEdge Wealth LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $5,119,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of DIA. Tull Financial Group Inc. grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 4.7% during the fourth quarter. Tull Financial Group Inc. now owns 562 shares of the exchange traded fund’s stock worth $239,000 after buying an additional 25 shares during the period. American Capital Advisory LLC grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 60.5% during the fourth quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 26 shares during the period. XML Financial LLC grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 1.1% during the third quarter. XML Financial LLC now owns 2,401 shares of the exchange traded fund’s stock worth $1,016,000 after buying an additional 27 shares during the period. Seamount Financial Group Inc. grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 0.6% during the fourth quarter. Seamount Financial Group Inc. now owns 4,777 shares of the exchange traded fund’s stock worth $2,032,000 after buying an additional 29 shares during the period. Finally, Bank Hapoalim BM grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 0.7% during the fourth quarter. Bank Hapoalim BM now owns 4,782 shares of the exchange traded fund’s stock worth $2,035,000 after buying an additional 33 shares during the period. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 0.5 %

DIA opened at $432.35 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $376.14 and a 52-week high of $451.55. The company has a 50 day moving average of $436.71 and a two-hundred day moving average of $429.34. The company has a market cap of $37.05 billion, a P/E ratio of 24.21 and a beta of 0.95.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 17th were paid a dividend of $0.1624 per share. The ex-dividend date of this dividend was Friday, January 17th.

SPDR Dow Jones Industrial Average ETF Trust Company Profile

SPDR Dow Jones Industrial Average ETF Trust (the Trust) is a unit investment, which issues securities called trust units or units. The Trust seeks to provide investment results that, before expenses, generally correspond to the price and yields performance of the Dow Jones Industrial Average. The Dow Jones Industrial Average is an Index of 30 blue chip United States stocks.